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New Audi S1: 231hp, sub-£25k price

Pictures and full details of the Audi S1 have been released ahead of the car’s public debut at the Geneva Motor Show next month. If the bright yellow colour of the car pictured doesn’t grab you, the stats probably will – this pocket rocket has four-wheel drive, a 0-62mph time of just 5.8 seconds and prices starting from less than £25,000 (just). Audi Audi S1: what's new?

Alan Mulally spells out the future

Ford CEO Alan Mulally is famously on-message, handing out business-card-size versions of his business plan to all and sundry, including his “One Ford” mantra. “One Ford” covers a lot of ground, but it's shorthand for Ford becoming a single entity where the right hand knows what the left hand is doing. It's close kin to the concept of building global product platforms that spread costs for product development and parts over the greatest possible volume.

BMW beats Mercedes-Benz to claim first U.S. luxury sales crown

BMW fended off a late-year surge by rival Mercedes-Benz to win its first title as best-selling luxury brand in the United States. BMW said Thursday that U.S. sales rose 15 percent to 26,834 in December, for an annual total of 247,907.